SMEs in India have an option when it comes to securing loans to support their businesses. India's Kinara Capital, a Financial Inclusion Challenge 2017 finalist, uses cash-flow analysis, supply-chain references and psychometric testing to offer loans to small- and medium-sized enterprises without traditional collateral.

Kinara offers loans to new entrepreneurs in several states in southeast India. The non-bank lender does not require land or property as collateral. Instead, businesses can borrower off of the value of their machinery and incomes. Agents travel to industrial areas, directly targeting businesses based near each other.